Russia
- Gas
Sovcomflot seals deal for Arctic LNG carriers
Russian owner Sovcomflot (SCF) has signed 30-year time charter agreements for three icebreaking LNG carriers with Arctic LNG 2, the…
Read More » - Americas
Russian intelligence accused of bringing down Maersk’s IT infrastructure
Six Russian intelligence officers were charged by the US Justice Department with a string of hacking offences, including the NotPetya…
Read More » - Europe
Murmansk Shipping Company declared bankrupt
Murmansk Shipping Company has been officially declared bankrupt by a local arbitration court in Russia this week, bringing to a…
Read More » - Finance and Insurance
Tepid launch for Sovcomflot’s long-awaited IPO
Sovcomflot, Russia’s top shipping line, had a tepid launch yesterday on the Moscow Stock Exchange. The company’s shares fell after…
Read More » - Ports and Logistics
FESCO president attacked as Vladivostok port strike takes ugly turn
A strike at Vladivostok port has turned violent. Senior management of FESCO, the main shareholder in the Commercial Port of…
Read More » - Offshore
Polarcus stacks vessel redelivered by Sovcomflot
Dubai-headquartered seismic specialist Polarcus has taken redelivery of 2012-built survey vessel from Sovcomflot and immediate stacked the vessel, now renamed…
Read More » - Europe
Novatek secures FSU financing from Gazprombank
Russian gas producer Novatek has secured a loan of EUR522m with a period of 16 years from Gazprombank to finance…
Read More » - Offshore
GC Rieber icebreaker charter extended
GC Rieber Shipping has been awarded a two-year extension for the customised heavy icebreaker . The extension commences in September…
Read More » - Finance and Insurance
Sovcomflot closes in on $500m Moscow IPO
Sovocmflot, Russia’s largest shipowner, has floated the idea of listing on the Moscow Exchange again. The state-run company has long…
Read More » - Gas
Sovcomflot and Novatek seal order for 10 LNG carriers at Zvezda Shipyard
Smart LNG, the shipping joint venture between Russian companies Sovcomflot (SCF) and Novatek, has signed contracts with Zvezda Shipbuilding Complex…
Read More » - Europe
FESCO appoints new president
Russia’s Far Eastern Shipping Company (FESCO) has appointed Arkady Korostelev as the new president of the company, effective from September…
Read More » - Europe
Sovcomflot sells aframax tanker
Russian state-run shipping major Sovcomflot has sold its 2002-built aframax tanker to UAE-based Khor Al Zubair Shipping. Both Clarksons and…
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Identity revealed of DNV GL employee accused of spying for Russia
More details have emerged about the DNV GL employee detained in Oslo and accused of working with Russian intelligence services.…
Read More » - Dry Cargo
Dajin Heavy and Yangzijiang Shipbuilding partner up on Aston bulker order
Chinese shipbuilding and ship design firm Shanghai Bestway Marine Engineering Design has announced that its subsidiary yard Dajin Heavy Industry…
Read More » - Asia
DSME bags $748m Russian LNG barge deal
Daewoo Shipbuilding & Marine Engineering (DSME) has won a KRW900bn ($748m) order to build two liquefied natural gas (LNG) barges…
Read More » - Asia
Sovcomflot completes landmark Northern Sea Route transit in May
For the first time on record a large ship has transited the Northern Sea Route (NSR) in May, weeks ahead…
Read More » - Asia
Controversial Russian bulk carrier departs UK waters for scrap
A Russian bulk carrier that grounded off the coast of southwest England 17 months ago is being towed away for…
Read More » - Americas
Washington places sanctions on another Rosneft subsidiary over Venezuela links
Another Rosneft subsidiary has been slapped by sanctions by the Trump administration in Washington for alleged links to Venezuela. The…
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Trump adds to growing concern about GPS interference
Donald Trump has this week directed the Department of Homeland Security, the Pentagon, and the Commerce Department to minimise the…
Read More » - Europe
Sovcomflot and Novatek JV seal financing and charters for LNG carrier quartet
Smart LNG, the new Russian venture between Sovcomflot and Novatek, has signed financing and time charter agreements for four icebreaking…
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